Texas company plans to build four Valley active-adult communities

Posted at 10:13 AM, Feb 05, 2020
and last updated 2020-02-05 12:13:02-05

Sparrow Partners has started construction on a 193-unit active-adult community in downtown Surprise, called Mera City Center.

The Austin, Texas-based company also plans to begin work on three more active-adult communities in the Phoenix area and will invest approximately $150 million across all four deals.

The second development, Mera Goodyear, will be a 188-unit community in Goodyear next to the planned 36-acre Centerscape mixed-use project.

Construction for that project is expected to begin in March.

Read more from the Phoenix Business Journal.